@atiku Poor poor post to be honest! When do we really start to
Put religious sentiments aside and face topical issues? Fasting is for 30 days and not just 1 day!
@TheRealAccount0 The โฆ100m = โฆ25m tax claim is not ignorance itโs deliberate misinformation. A lazy opposition scare tactic aimed at people who donโt understand how tax actually works.
Tax also isnโt a flat rate. There are brackets and legitimate deductions.
@drkenon2 Revenue โ profit. If a business makes โฆ100m in sales but spends โฆ70m on costs (staff, rent, logistics, raw materials, power, etc.), taxable income is โฆ30m , NOT โฆ100m. Thatโs what tax is calculated on.
@drkenon2 A thread!
The โฆ100m = โฆ25m tax claim is not ignorance itโs deliberate misinformation. A lazy opposition scare tactic aimed at people who donโt understand how tax actually works.